Saxo Bank – 10 outrageous predictions for 2019

After a volatile end to 2018, it’s time to look at what the markets may have in store for 2019.

Saxo’s team of expert analysts, the #SaxoStrats, have formulated 10 Outrageous Predictions for the year ahead. Riding roughshod over the consensus, they look at some highly unlikely events that could have a tremendous market impact – if they come to fruition.

Australian central bank launches QE on housing bust Down Under
Summary: Binge no more – 2019 sees the „Australian Dream” implode in spectacular fashion afters decades of galloping house price inflation.

Corporate credit crunch pushes Netflix into GE’s vortex
Summary: The once all-powerful General Electric is foiled by the magnitude of its liabilities and the contagion ripples through the markets, bringing content king Netflix to its knees.

EU announces a debt jubilee
Summary: Unsustainable levels of public debt prompt the ECB to act in a way that isn’t as unprecedented as we would like to think.

Global Transportation Tax (GTT) enacted as climate panic spreads
Summary: The golden age of cheap travel and transportation fades into history as adverse weather changes forces the world into action.

IMF and World Bank announce intent to stop measuring GDP, focus instead on productivity
Summary: New times, new norms and new ways of measuring just how well we’re all doing. It might just work.

Germany enters recession
Summary: The German automotive world severely lags its competitions in terms of EV and big data, and this gap helps push the country into recession as soon at Q3’19.

Prime Minister Corbyn sends GBPUSD to parity
Summary: Two years of agonised Brexit debate sees a staunchly leftist Corbyn government sweep into power and impose old-school policies that cut the ground from under the British pound.

X-class solar flare creates chaos and inflicts $2 trillion of damage
Summary: As reliant as we are on modern communications technology, this pales in comparison to our reliance on the sun. When it misbehaves, the consequences are severe indeed.

Trump tells Powell ‘you’re fired’
Summary: Long-simmering tensions between US President Donald Trump and the chairman of the Federal Reserve come to a head and Jerome Powell is dismissed. His replacement’s new policies shock many people, especially savers.

Apple ‘secures funding’ for Tesla at $520/share
Summary: Two icons of the tech world get together in an unexpected but surprisingly logical and very convenient marriage.